New Hope Corporation Records Robust Financial Year
Company Announcements

New Hope Corporation Records Robust Financial Year

New Hope Corporation Limited (AU:NHC) has released an update.

New Hope Corporation Limited has reported a strong fiscal year with a 26.4% increase in saleable coal production and a declared 22 cents per share fully franked final dividend, marking a successful year with significant operational achievements including the restart of operations at New Acland Mine. The company’s EBITDA is its third highest ever, and it has solidified its financial position by raising $300 million through senior unsecured convertible notes. This financial success enables ongoing investment in growth projects and rewards shareholders with robust dividends.

For further insights into AU:NHC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskNew Hope Corporation Reports 2024 Results Amid Challenges
TipRanks Australian Auto-Generated NewsdeskNew Hope Corporation Unveils Corporate Governance Report
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Go Ad-Free with Our App